Dec 6, 2012 8:00am PST
to hammer out a deal over tax hikes and spending cuts as the clock particulars towards that fiscal cliff deadline on january 11. mike emanuel is live. we are still getting hard lines from either side about where they stand on this. what is really happening behind the closed doors? are they closer to a dole? >> reporter: jenna you're right about a lot of tough talk in public, but behind closed doors we know the president, the speaker of the house john boehner had a phone call late yesterday, the first call they had in a week. there has not been much in the way of leaks as to what was discussed. most folks on capitol hill may suggest that no leaks means they are getting down to serious movement on finding a compromise to avert the fiscal cliff. because in public the treasury secretary was asked yesterday if the administration is prepared to go over the fiscal cliff. check this out. >> is the administration prepared to go over the fiscal cliff. >> absolutely. we see no prospects for an agreement that doesn't involve those rates going up on the top 2% of the wealthist. remember it's only 2%.
Dec 7, 2012 5:00pm EST
of congress plus it puts the fiscal cliff and place right now and you lay it out i'm sorry, count me out. stacte want to take the first question? >> you raise a good point. this is where people's eyes glaze over. they can say whatever you want them to say. but the notion, i do think that there's been to the relationship between revenues and the titles and if we want to go bigger the better we need to push all of those, the smaller unit and the less you do on the other side, but there are some who say the idea of the american public is going to buy into this notion okay we are going to look devotees taxes go up so everything can be returned in a tax cut, and we go through this magical power. they are going to think 90% of the approval. so, you're going to have a general consensus. you do this year to get 500 of that in the interest savings alone. this should not be as challenging as it is. >> the other thing i would disagree about is the fact and i have been a huge jet kit and continue to be a huge advocate of tax reform debate and it's a critically important piece and i do think the noti
Dec 6, 2012 6:00am PST
clinton is dismissing the whole so-called fiscal cliff thing, he says, we don't have anything to worry about it. they are going to work the whole thing out. bret baier joins us on that. bill: new documents shedding light on the accused colorado movie theater shooting suspect. what we are now learning about james holmes before the massacre that shook america. >> we are bringing bodies out get someone to the back as soon as we can. we have three to seven hits. >> we need rescue to move up to the rear of the theater. we have officers there. we request they come immediately for multiple victims. ♪ i don't wanna be right [ record scratch ] what?! it's not bad for you. it just tastes that way. [ female announcer ] honey nut cheerios cereal -- heart-healthy, whole grain oats. you can't go wrong loving it. martha: new developments in the colorado movie theater massacre store raoefrplt the university of colorado released thousands of emails that shed new light on the shooting suspect james holmes. you may remember that holmes is accused of opening fire during a midnight showing of the batman